State-run gas utility GAIL India will double imports of natural gas from Qatar
from the current five million tonnes to 10 million tonnes in 2009 as it seeks
to meet soaring demand in the world''s second-fastest growing major economy.
present, India imports five million tonnes of liquefied natural gas a year from
Qatar, which goes to the Petronet LNG regassification plant at Dahej in Gujarat.
country is dependent on imports to meet half its daily gas demand of 200 million
standard cubic metres.
is to provide five million tonnes a year more of liquefied natural gas from the
fourth quarter of 2009," GAIL (India) chairman Upendra Choubey said in an
interview in Doha yesterday.
he said, was also in talks with state-owned Qatar Petroleum to build a petrochemicals
plant in Qatar. The proposed plant would have capacity to produce one million
tonnes of polymers a year for export, Choubey said.
is also eyeing petrochemical plants in Russia as it transforms itself to a $10-billion
company by next century.
is in Qatar as part of the high-level delegation led by petroleum minister Murli
Choubey met the board of Russia''s Lukoil and discussed possibility of setting
up a petrochemical plant jointly with it. He also held separate talks with Lukoil
and gas utility Itera in Moscow for a petrochemical plant in the former Soviet
is also interested in picking a stake in Lukoil''s onland gas-rich Block A in Saudi
Empty Quarter, near Ghawar in Saudi Arabia, he said. GAIL and Lukoil may set up
a petrochemicals plant in Saudi Arabia based on the gas in the field as also export
the fuel to India in form of LNG. Lukoil has 80 per cent in the 29,000 sq km area
while the remaining 20 per cent is with Saudi Aramco.